Ripple after partial victory in court hearing: Is it the best investment and what alternatives are there?
Ripple after partial victory in court hearing: Is it the best investment and what alternatives are there?
In a court hearing,Ripple has achieved a partial victory, which makes it a promising investment. The judge decided that the sale to institutional investors was not a legitimized securities sale, which led to a massive price increase for XRP. Other cryptocurrencies such as Solana, which are classified as securities, also benefited from this precedent. Ripple was also resumed by several large crypto bonds. Although this is initially positive for Ripple, there could be further legal uncertainties and there could be a revision of the judgment. A former SEC employee and other legal experts describe the judgment as problematic and claim that Ripple has to pay a punishment. The SEC boss is disappointed with the decision and the SEC could go to the appeal. The political pressure on the SEC increases because cryptocurrencies could become an important election campaign topic. Some presidential candidates are crypto -friendly, while Joe Biden sees cryptocurrencies as high -risk and low. Investors are now increasingly relying on Wall Street Memes instead of Ripple because they fear political uncertainty and possible calls. The Wall Street Memecoin, known as "$ WSM", is supported by the community and could lead to further price increases. It is important to note that investments are speculative and can endanger their capital. The use of this website should correspond to the applicable laws. The authors could be invested in the assets mentioned.